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Gen-Y Is Hooked on Travel

May 28, 2011

According to online travel specialists Travelmatch, members of Generation Y, which consists of those currently in their 20s, are traveling in greater numbers than in recent years. The company has observed a marked increase in packages sold to this group and expects the trend to continue in future years.

Alex Francis, founder and CEO of Travelmatch, said that he expects this demographic to continue to travel as time goes on.

"People within this age group grew up during the era of low-cost package vacations," he said. "Thanks to this, they are accustomed to going on trips abroad a few times a year. This generation has clearly caught the travel bug, and they are sure to take advantage of any vacation opportunities that come their way."

Hotel occupancy numbers have also shown a similar trend. A report from American Express Business Insights found that people in their 20s are spending more money on hotels now than before the economic downturn. According to Travelmatch, these numbers demonstrate that members of Generation Y consider travel to be one of their most important luxuries. www.travelmatch.co.uk